Bank of America Securities Maintains a Buy on Intuitive Surgical (ISRG), Keeps PT

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the Best NASDAQ Stocks to Buy with Huge Upside Potential. On September 10, Travis Steed from Bank of America Securities maintained a Buy rating on Intuitive Surgical, Inc. (NASDAQ:ISRG) with a price target of $650.

The analyst noted several factors supporting his bullish sentiment, including the company’s effort to grow its total addressable market, which has expanded from 1.8 million procedures in 2009 to around 8 million procedures in 2025. The analyst expects this growth to stay persistent, particularly in cardiovascular procedures.

In addition, Steed highlighted that Intuitive Surgical, Inc. (NASDAQ:ISRG) is tapping into the cardiovascular opportunity and has hired a head of cardio and has multiple job postings for cardiovascular sales managers.

Lastly, the analyst noted that the company is advancing its technology and has introduced force feedback and enhanced visualization features in the da Vinci 5 (dV5) system. These innovations aim to boost the adoption of robotic procedures in cardiovascular surgeries.

Intuitive Surgical, Inc. (NASDAQ:ISRG) develops and markets robotic surgical systems, including the da Vinci surgical system and the Ion endoluminal system.

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Disclosure: None. This article is originally published at Insider Monkey.